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Parallel Web Systems, founded by former Twitter CEO Parag Agrawal and that offers web search tools for AI agents, raised a $100M Series B at a $2B valuation

Parallel Web Systems raised $100 million in Series B funding to continue building web search for AI agents

Wall Street Journal Belle Lin

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  • @iponewsroom_ @iponewsroom_ on x
    JUST IN: FORMER TWITTER CEO PARAG AGRAWAL HAS RAISED $100 MILLION IN SERIES B FUNDING FOR HIS AI STARTUP AT A $2 BILLION VALUATION The round was led by Sequoia Capital, with participation from Kleiner Perkins, Index Ventures, and Khosla Ventures. Agrawal was ousted as Twitter [im…
  • @paraga Parag Agrawal on x
    We raised a Series B led by @sequoia at a $2 billion valuation and I'm excited to welcome @andrew__reed to our board. All our existing investors doubled down: @kleinerperkins, @IndexVentures, @khoslaventures, @firstround, @sparkcapital, @AbstractVC, and @terraincap. [image]